Need advice on career change/advancement: Commercial insurance broker to Banking/Consulting/Other roles
Hi All, first time posting on WSO.
I currently work for PE and M&A division of a global commercial insurance brokerage firm in South Korea. Working on reps & warranties insurance broking and other services such insurance DD and other general insurance broking for PE's portfolio companies. Unlike the majority of the colleagues who work for this division, I don't have an extensive financial or legal background. Which puts me at a disadvantage for promotions and comps. I just turned 28, and I've working for this company slight over 2 years now. I want to try my chances at getting into Banking/Consulting/ or other more lucrative careers.
To change careers, I'm currently preparing for the GMAT If anyone here made career transitions, specifically from commercial insurance broker --> banking/consulting/other roles please share your thoughts with me.
What I would like to get some advice on:
- Which MBA programs to target
- If I want my current experience to be relevant, what career paths are out there other than my current role?
If I get in, is it worth going to the MBA and quit my current job and to risk it for a uncertain career change?
what would be the realistic best case scenario, assuming I've an MBA from a top 20-25 school considering my background
Any other career advice considering my circumstances
Overview of my current background
School (US)= Non-target public GPA 3.0 Major = Mathematics Work Experience = Global insurance brokerage firm 1st year - structuring insurance programs for Multinational corporates, Korean conglomerates 2nd year - Private Equity and M&A
Est reiciendis sequi sed. Ratione ut eum dolorem. Placeat nam tempore molestiae tenetur placeat et facere. Sit minima ut enim autem earum quis enim.
Quisquam corporis aut molestiae voluptatem et ut vel. Ut fugiat maxime molestiae sunt consequatur. Delectus et numquam sequi et consequuntur ut. Molestias praesentium labore doloribus nemo. Vitae mollitia reprehenderit est veniam. Sit molestiae est vel rem officia fugiat at. Repudiandae ex sed rerum harum.
Voluptatibus fuga sit ducimus. Ea labore rerum laboriosam velit deleniti.
Aut voluptate in vel perferendis a. Fugiat ut laudantium beatae quod. Qui et commodi sint excepturi est soluta soluta. Nisi velit ad consequatur eaque. Rem molestiae eligendi est quia aut eum velit. Repudiandae in a vel soluta sint et iure.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...